The answer is: activity-based management.
Answer:
The EAR you earn from the match is 100%.
Explanation:
Since a full 5 percent match will be received if 5 percent of your salary is invested, this implies that 100% will be earned by you from the match up to 5%.
For example, if 5 percent of your salary that you put in is $200, the East Coast Yachts will match the $200. This indicates that effective annual return (EAR) earned by you from the match is 100%.
Therefore, the EAR you earn from the match is 100%.
Answer:
(A) Interest coverage charge ratio= 6.21
(B) Fixed charge coverage = 2.84
(C) Profit margin ratio= 8.57%
(D) Total assets turnover= 1.55
(E) Return on assets= 13.26%
Explanation:
(A) The Interest coverage charge ratio can be calculated as follows= EBIT/Interest expense
= 45,300/7,300
= 6.21
(B) The fixed charge coverage can be calculated as follows
= income before fixed charge + interest/fixed charges + interest
= 45,300+13,300/7,300+13,300
= 58,600/20,600
= 2.84
(C) The profit margin ratio can be calculated as follows
= Net income/sales × 100
= 22,800/266,000 × 100
=0.0857 × 100
= 8.57%
(D) The total assets turnover can be calculated as follows
= Sales/total assets
= 266,000/172,000
= 1.55
(E) The return on assets can be calculated as follows
= Net income/Total assets × 100
= 22,800/172,000 × 100
= 0.13255×100
= 13.26%
A credit company will look at your history with credit and either accept you or deny you based on your credit score
i hope this helps..;)
It estimates that after five years it can sell the equipment for $2,000. During year 2017, the band performs 55 concerts.
